Netflix to Stream Up to 20 Originals

Netflix to Stream Up to 20 Originals

Article excerpt

Netflix could launch up to 20 original commissions in the next couple of years, according to Netflix chief executive Reed Hastings.

Hastings outlined the VoD service's plans on an investor call following yesterday's financial results, in which Netflix announced it had added 1m subscribers, although he admitted that the plan depended on the continued success of its forthcoming shows.

"So in the next two years, [original plans] will modestly increase if it is as widely successful for us as the first three shows have been. We could continue to expand to 20 or north," said Hastings.

"But that would be dependent on what happens for rest of this year. What we don't want to do is, on the back of three shows, one of which has only been out for four days, suddenly take our commitments up to that kind of 20 plus level."

Netflix unveiled Eli Roth's horror drama Hemlock Grove last week, further to the launch of its first original, House of Cards. It plans to start streaming the new season of Arrested Development in May, followed by female prison drama Orange Is The New Black over the summer. …